Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Aug. 27, 2017	May 28, 2017
Current assets:
Cash and cash equivalents	$ 69.8	$ 57.1
Receivables, less allowance for doubtful accounts of $0.5 and $0.5	213.7	185.2
Inventories	494.4	525.0
Prepaid expenses and other current assets	60.5	90.9
Total current assets	838.4	858.2
Property, plant and equipment, net	1,309.5	1,271.2
Goodwill	134.1	133.0
Intangible assets, net	36.8	37.2
Equity method investments	196.0	178.6
Other assets	13.0	7.4
Total assets	2,527.8	2,485.6
Current liabilities:
Short-term borrowings	32.3	22.0
Current portion of long-term debt and financing obligations	39.1	37.9
Accounts payable	261.6	295.0
Accrued liabilities	183.9	200.5
Total current liabilities	516.9	555.4
Long-term liabilities:
Long-term debt, excluding current portion	2,360.1	2,365.0
Deferred income taxes	102.0	90.5
Other noncurrent liabilities	70.4	71.2
Total long-term liabilities	2,532.5	2,526.7
Commitments and contingencies
Redeemable noncontrolling interest	54.1	50.7
Stockholders' equity:
Common stock of $1.00 par value, 600,000,000 shares authorized; 146,244,550 and 146,080,901shares issued	146.2	146.1
Additional distributed capital	(902.6)	(904.8)
Retained earnings	176.9	121.0
Accumulated other comprehensive income (loss)	5.9	(9.3)
Treasury stock, at cost, 47,592 and 6,143 common shares	(2.1)	(0.2)
Total stockholders' equity (deficit)	(575.7)	(647.2)
Total liabilities and stockholders’ equity	$ 2,527.8	$ 2,485.6